The market is rallying 180+ points and GOOG is down $20. This is major divergence as GOOG, APPL, BIDU have been the Nasdaq high flyers. What does this mean? well I firmly believe GOOG will be closer to 375 sometime this year and maybe if we get ultra weak closer to $350. These divergence must be watched as the Nasdaq no matter what the talking heads claim leads the market. Without Tech and Financials we can't go higher so the tech heavy weights need to head higher for this rally to hold.
GOOG- Sub $375 prediction before years end
Monday, February 25, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment